United States · Amendment · HAMDT
HAMDT 70 (100th)
An amendment to increase from $5 billion to $15 billion the amount of funds raised to cover defaults of savings and loan institutions insured by the Federal Savings and Loan Insurance Corporation (FSLIC). The amendment uses the same procedure as the bill to raise such funding, and it limits annual borrowing by the newly created Financing Corporation to $3.5 billion, and it also permits Congress to sunset the Financing Corporation's borrowing after two years if Congress enacts a joint resolution to do so.
Introduced
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Last action
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Status
Amendment Failed of Passage in Committee of Whole by Recorded Vote: 153 - 258 (Record Vote No: 83).
Sponsors
Rep. St Germain, Fernand J. [D-RI-1]
Subjects
Discovery layer
Source updated
25 September 2021
Records
Official amendment HAMDT 70 (100th) from United States at United States Congress. Status: Amendment Failed of Passage in Committee of Whole by Recorded Vote: 153 - 258 (Record Vote No: 83)..
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Sponsors
- Rep. St Germain, Fernand J. [D-RI-1] · D · Sponsor
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/amendment/100th-congress/hamdt-70
- Open data entity: https://api.congress.gov/v3/amendment/100/hamdt/70
- us · 100-hamdt-70 · source updated 25 September 2021